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Topic: How to get rekt with ICOs (Read 60 times)

full member
Activity: 1258
Merit: 104
October 29, 2021, 03:19:21 AM
#2
I'm going to participate in an ICO on Solanium, my question is simple: what could go wrong?
If you ask "What could go wrong" then I can only answer that what is wrong is that the project is still setting an ICO for their fundraising, even though Solanium as a whole has been very good using smart contracts from Solana and has also been listed on several exchanges that very good.

I mean, the only way you could lose money with an ICO is if the price at launch is lower than the ICO one, what could cause this?
The low price at the time of its launch was very reasonable and should not be a problem because it is always related to supply and demand in the early stages.
member
Activity: 97
Merit: 10
October 29, 2021, 03:03:58 AM
#1
I'm going to participate in an ICO on Solanium, my question is simple: what could go wrong?


I mean, the only way you could lose money with an ICO is if the price at launch is lower than the ICO one, what could cause this?


P.S: The project is actually good (nothing that looks scammy or malicious and the platform is secure), and there's NO lockup/vesting period (token will be distributed immediately).
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